now, if anna wintour can be effective, more power to her. megyn: and redo the whole fashion scene over in france or the u.k.. >> and that'd be fine too. the embassy probably needs new decoration. megyn: president bush had a guy who was big into horse racing, so they tend to go with people who raise a lot of money for them and are a lot of dough so they can engage in these things and are loyal to them. >> i would not underestimate the importance of being personally close to the president. when that ambassador has to go in and deliver a message that's unpleasant, when they know it comes directly from the president, the other side will listen. megyn: well, all that plus, you know, her dad was british. [laughter] thank you so much, ambassador. >> anytime. [laughter] megyn: well, it is looking increasingly likely that the president will get billions in new revenue as part of the tax and spending deal, but now he's also demanding the power to grow our national debt as much as he wants whenever he wants without congressional approval. why that may